PPP Loan information for Northwest electric inc.

$947,465

Northwest electric inc. was initially approved for PPP Loan of amount $947,465, the current approved amount is $947,465. The loan was approved on 01/31/2021 by The Manufacturers and Traders Trust Company reported 108 jobs and $947,465 was used to fund payroll.

Northwest electric inc. is Existing or more than 2 years old

PPP Loan Search / MD / Reisterstown / Northwest electric inc.

NORTHWEST ELECTRIC INC.

Date Approved

01/31/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NORTHWEST ELECTRIC INC.

Borrower Address

12442 Owings Mills Blvd

Borrower City

Reisterstown

Borrower State

MD

Borrower Zip

21136-1731

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

947465.00

Current Approval Amount

947465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reisterstown

Project County Name

BALTIMORE

Project State

MD

Project Zip

21136-1731

CD

MD-02

Jobs Reported

108

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

947463.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

957692.43

Forgiveness Date

03/03/2022

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